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Sunday, March 18, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Experts warn 30% SMEs poised to exit Saudi market in 2012
Experts have predicted that about 30 percent of small and medium enterprises will exit Saudi market in the ...

Saudi- Localization of industries analyzed
Saline Water Conversion Corporation Gov. Dr. Abdulrahman bin Mohammed Al-Ibrahim was the key speaker at the opening of ...

Arco stations for sale as BP plans to leave Southland
Arco stations for sale as BP plans to leave SouthlandMar 17, 2012 ...

Kuwaiti Police probe as cleaners find child's body parts in manhole
Securitymen are conducting intense investigations after the dismembered remains of a child were found dumped in a ...

Qatar- QAFAC Signs Contract for Construction of Carbon Dioxide Recovery
Board Chairman of Qatar Fuel Additives Company Hamad Rashid Al-Muhannadi and Vice President of ...

Kuwait- Workers union says not satisfied with recently okayed salary raise
The National Union of Kuwait's Workers and Employees will soon meet HH the Prime Minister Sheikh Jaber Al-Mubarak ...

Saudi- Six-year jail, 600 lashes for sorcery and fraud
The Riyadh General Court sentenced an Arab expatriate to six years in jail coupled with 600 lashes for sorcery and ...

Banks reviewing conflict-of-interest rules
Banks reviewing conflict-of-interest rulesNEW YORK, Mar 16, 2012 -- Wall Street banks are reviewing their ...

Saudi- Solutions for runaway oil consumption
I was pleased with the reactions to last week's column "Saudi Oil: The threat from within" . The article ...

Saudi- SR901m sewage pumping station nears completion
The SR901 million pumping station project in north Jeddah, described as the largest in the Middle East, is nearing ...

Arab countries back UAE bid for Expo 2020
The UAE's bid to host the 2020 World Expo in Dubai was backed by other Arab countries at a Pan-Arab meeting in ...

Saudi- Victims of malicious claims may seek compensation
The Justice Ministry has opened doors for victims of malicious claims to demand compensations for any damage they may ...

India budget pragmatic but non-populist: NRIs
Indian budget, regardless of its implications on overseas Indians' lives, is invariably a cause of celebration for ...

Saudi ban deals heavy blow to Indonesian recruitment firms
Around 80 percent of recruitment offices have been closed down in Indonesian capital Jakarta following a Saudi ban on ...

Sudan to attract Saudi investments in oil and gas sectors
A top official at the consulate general of Sudan in Jeddah said yesterday that a number of Saudi businessmen are ...

Saudi- Al-Rajhi MENA Dividend Growth Fund launched
Al-Rajhi Capital, the investment-banking subsidiary of Al-Rajhi Bank, announced yesterday the launch of the Al-Rajhi ...

'Back from dead' in Kuwait
An Iranian worker foiled his compatriot's suicide attempt in his room in Amghara. The man entered the victim's ...

Saudi- Call against entry visas to ex-convicts
The Shoura Council will next week discuss a number of recommendations aimed at ensuring that ex-convicts and ...

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